Carnarvon Petroleum Limited Stock Analysis

Carnarvon Pink Sheet Analysis Notes

About 14.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.64. Some equities with similar Price to Book (P/B) outperform the market in the long run. Carnarvon Petroleum recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 390:389 split on the 25th of November 2013. Carnarvon Energy Limited explores for, develops, and produces oil and gas in Australia. Carnarvon Energy Limited was incorporated in 1983 and is headquartered in West Perth, Australia. Carnarvon Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.The quote for Carnarvon Petroleum Limited is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Carnarvon Petroleum Limited please contact BBus CA at 61 8 9321 2665 or go to https://www.carnarvon.com.au.

Carnarvon Petroleum Investment Alerts

Carnarvon Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 187.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Carnarvon Petroleum's market, we take the total number of its shares issued and multiply it by Carnarvon Petroleum's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 25th of April, Carnarvon Petroleum shows the Standard Deviation of 2.43, risk adjusted performance of (0.01), and Mean Deviation of 0.6444. Carnarvon Petroleum technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate eleven technical drivers for Carnarvon Petroleum Limited, which can be compared to its peers. Please confirm Carnarvon Petroleum risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown to decide if Carnarvon Petroleum is priced correctly, providing market reflects its regular price of 0.13 per share. As Carnarvon Petroleum appears to be a penny stock we also recommend to validate its information ratio numbers.

Carnarvon Petroleum Price Movement Analysis

Carnarvon Petroleum Predictive Daily Indicators

Carnarvon Petroleum Forecast Models

Carnarvon Petroleum's time-series forecasting models are one of many Carnarvon Petroleum's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Carnarvon Petroleum's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Carnarvon Petroleum prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Carnarvon shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Carnarvon Petroleum. By using and applying Carnarvon Pink Sheet analysis, traders can create a robust methodology for identifying Carnarvon entry and exit points for their positions.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnarvon Petroleum Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

When running Carnarvon Petroleum's price analysis, check to measure Carnarvon Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carnarvon Petroleum is operating at the current time. Most of Carnarvon Petroleum's value examination focuses on studying past and present price action to predict the probability of Carnarvon Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carnarvon Petroleum's price. Additionally, you may evaluate how the addition of Carnarvon Petroleum to your portfolios can decrease your overall portfolio volatility.